Investor ranks for the mining sector
Institutional Investor ranks Sergey
Ivanov, the best
Ivanov, the CEO of Alrosa, was named one of the best CEOs in the mining sector,
according to Institutional Investor’s ranking. Sergey Ivanov was ranked 2nd out
of 34 mining companies’ CEOs according to Institutional Investor ranking
Emerging EMEA Executive Team 2018. According to the ranking based on the
buy-side analysts votes Sergey Ivanov topped the 2018 ranking list.
American Platinum Limited announced its production report for the second
quarter ended 30 June 2018 & that says, platinum and palladium production
increased marginally to 619,600 ounces and 406,000 ounces respectively, due to
improved operational performances across the portfolio, offset by the placing
of unprofitable production from Bokoni on care and maintenance in Q3 2017.
Anglo American’s own mined platinum production decreased by 2% to 340,200
ounces and palladium production increased by 2% to 260,800 ounces, with strong
operational performance across the portfolio offset by the sale of Union mine.
Excluding Union, own mined platinum production increased by 11% and palladium
production increased by 10%.
Ventures provided an update on rotary air-blast drilling at its 100% owned
Kahuna Diamond Project in Nunavut. The Company reports it has discovered a new
kimberlite pipe (KH10-11) and drill-tested two additional historic pipes.
Diamond recovery tests will begin shortly, and first results are expected in
some of the points Dunnedin said, new
KH10-11 kimberlite pipe discovery, and two historic pipes (KD900 and KD230)
re-drilled to review diamond content and potentially expand diamond-bearing
phases. Indicator minerals were observed in kimberlitic material recovered from
two of the three pipes (KH10-11 and KD900), including garnet, picroilemite, and
olivine - similar to significantly diamond bearing kimberlite drilled on the
Sangeeta Boochra brings to you her unique range of bracelets and cuffs in classic & modern styles for every occasion. These handcuffs are uniquely designed and look absolutely flawless when worn. You can find them in various designs in silver, gold polish & oxidized.
therapy is one of the best therapies for anyone and everyone. Moreover,
accessory shopping is what captures one’s eyeballs. No outfit is complete
without an accessory piece, to describe your style. From wearing pendant chains
and stud earrings, the trend has kept evolving through the years.
no one daunts from heaping additional layers to the contemporary style. Today,
wearing layered necklaces has becoming the new style statement. Pairing one
single chain with another piece of chain or adding coloured strand to a simple
chain is preferred over minimal accessories.
the world’s largest jewellery manufacturer, announces a retail price reduction
across the majority of its jewellery assortment within the Chinese market. Effective
from July 19, 2018 the reduction is
across the majority of the Company’s jewellery collections, with the overall
adjustment range at around 15%.
new prices are reflected on all platforms including the Pandora owned eStore
and the Tmall flagship store.
the most known jewellery brand globally, Pandora jewellery is highly sought
after, and the demand has seen a rise in the grey market trade within China. The
price reduction aims to limit this, as well as balance the retail price difference
in the mainland Chinese market and other markets.
to DeBeers Q2 Production for the second quarter ended 30 June 2018, rough
diamond production increased by 3% to 9.0 million carats, reflecting production
increases to meet stronger demand as well as the contribution from the ramp-up
at Gahcho Kué. Botswana (Debswana) production increased by 6% to 6.3 million
carats in response to stronger trading conditions.
production increased by 4% to 3.0 million carats due to an increase in tonnes
mined and treated. Similarly at Orapa, production increased by 8% to 3.3
million carats due to the ramp up of additional processing capacity in response
to stronger trading conditions. Namibia (Namdeb Holdings) production increased
by 32% to 0.5 million carats driven by access to consistently higher grades at
the land operations and technology-led optimisation of the marine drill fleet.
to De Beers Group, its Canadian mining business, De Beers Canada, has entered
into an agreement to acquire 100 per cent of the outstanding securities of
Peregrine Diamonds Ltd, owner of the high quality Chidliak diamond resource
located in Canada’s Nunavut Territory, at a purchase price of C$0.24 per share,
for a total cash consideration of approximately C$107 million.
Chidliak resource was discovered in 2008 and is located approximately 120 kilometres
northeast of Iqaluit on Baffin Island. A total of 74 kimberlite pipes have been
identified at Chidliak, including the CH-6 and CH-7 pipes, which are the
current focus of Peregrine’s Chidliak Phase One Diamond Development programme.
World Gold Council (WGC) published the report, Mid-year outlook 2018: Global
economic trends and their impact on gold says, the gold price has tended to
increase in September! WGC says, “We believe that the confluence of key trends,
as highlighted for the second half of 2018, could be supportive of gold demand.”
In addition, gold’s recent pullback will likely support consumer demand as
lower prices have historically increased jewellery buying.
one of India’s premier gemological institutes officially announced its
rebranding as IIG (International Institute of Gemology) at a grand ceremony on
July 19. To mark this proud milestone, Mr Ramnikbhai Shah, founder of leading
diamond manufacturing house Venus Jewel and Mr Arvindbhai Parikh, MD and
founding partner of Crystal Diamonds inaugurated IIG’s new institute in
Panchratna Building, Opera House.
organization’s new logo was unveiled by industry veteran Mr Ghanshyambhai
Dholakia, Founder and MD, Hari Krishna Exports Pvt. Ltd. The event was graced
by around 150 eminent members of the gems and jewellery industry.
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